JA Solar Announces Second Quarter 2017 Results
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JA Solar Holdings (JASO) Tops Q2 EPS by 39c, Revs Beat; Remains Cautious on Outlook for 2nd-Half
August 22, 2017 7:02 AM EDTJA Solar Holdings (NASDAQ: JASO) reported Q2 EPS of $0.42, $0.39 better than the analyst estimate of $0.03. Revenue for the quarter came in at $878.1 million versus the consensus estimate of $602.53 million.
Total shipments were 2,389.2 megawatts (MW), consisting of 2,147.5 MW of modules and 167.2 MW of cells to external customers, and 74.5 MW of modules to the Companys downstream projects. External shipments were up 88.3% y/y and 68.3% sequentially Shipments of modules were 2,147.5 MW, an increase of 89.3% y/y and 62.1% sequentially Shipments of cells were 167.2 MW, an increase of 75.8% y/y and 233.1% sequentially Net revenue... More